CDL New EC @ Sumang Walk

CDL New EC @ Sumang Walk will be the only new executive condominium launch in 2019 by renowned developer City Developments Limited (CDL) and TID Residential. This new EC will likely comprise 13 blocks of 10 to 17 storeys with about 820 units and a basement carpark.

CDL New EC @ Sumang Walk is sandwiched between two LRT station; Sumang LRT and Nibong LRT station. The Land Parcel located between Punggol Way and Sumang Walk, towards the south, is My Waterway @ Punggol. Both LRT station integrated with the Punggol LRT network to Punggol MRT station. Bus stop next to LRT station makes accessibility much convenient, as it brings you to Punggol Bus Interchange. It is also easily connected to various expressway via Tampines Expressway to KPE or CTE which brings you directly to town.

Future residents ofCDL New EC @ Sumang Walk can readily enjoy the jogging and bicycle paths at Punggol Park Connector. Its comes complete with a boardwalk, a foot bridge and a water playground for families which brings sheer pleasure to both young and old.

A sunset strip, hard to come by in rare land of Singapore, which will attracts nature lovers. One can anticipate leading an active lifestyle in this neighbourhood.

The Waterway Point Shopping Centre operated by Fraser Centrepoint, located next to the Punggol MRT station, it is Punggol first integrated waterfront residential cum retail development. Located two streets away, it is the first major shopping mall in Punggol New Town, integrated with a town square and a visitors’ centre, where curious visitors can find out more about Punggol’s heritage. It is also the first ever sub urban mall with late night shoppings, complete with alfresco dining and entertainment by the waterfront. Fair Price Finest Supermarket, Shaw Theatres, a huge childcare centre are some of the anchor tenants of the mall.

Punggol itself is picking up steam, as a desirable location. Once known for affordable housing and relative seclusion, it’s now undergoing the same kind of transformation we once saw in Jurong West.

The government has plans to expand Punggol Town Centre toward the waterfront, and develop it as a mixed-use district (commercial, residential, and business park). The new Singapore Institute of Technology (SIT) campus will be located here, and the area will be developed into a “digital district” for tech innovation. This district will include sectors of the digital economy such as cyber security, artificial intelligence and Internet of Things (IoT) which will drive Singapore’s Smart Nation initiative.

In addition, the area will have a new hawker centre, revamped community club, and a new childcare centre.

CDL New EC @ Sumang Walk may be the beginning of a new era for Punggol.

Located near amenities such as Punggol Waterway Point Mall and recreational facilities such as Punggol Waterway Park .

Located near Sumang LRT and Nibong LRT station.

Easily accessible islandwide via KPE and TPE.

Government plans to expand Punggol Town Centre toward the waterfront, and develop it as a mixed-use district (commercial, residential, and business park). The new Singapore Institute of Technology (SIT) campus will be located here, and the area will be developed into a “digital district” for tech innovation.

Developer

City Developments Limited (CDL) & TID Residential

Tenure

Leasehold 99-years

District

19

Address

Sumang Walk

Nearest MRT(s)

Punggol MRT

Site Area

Est 27,056.4 sqm

Est. TOP

TBA

Total Units

est 820 units

Unit Types

3/4/5BR

No. of Storey

10-17

Buyer Eligibility

Singaporean

Payment Scheme

Normal Progressive and Deferred Payment

VERIFY YOUR ELIGIBILITY

These are the questions that you have to ask yourself to determine whether you are eligible to purchase an Executive Condominium (EC) or not. Please spend some time to review each question and answer to the best of your knowledge.

Q1Are you a Singaporean Citizen (SC) or Singapore Permanent Resident (SPR)?
(A) YES – Your family nucleus has 2SC or 1SC+1SPR
(B) NO – You are not eligible to purchase EC

Q2What is your total household gross income?
(A) Less than S$14,000 – Proceed to Q3
(B) More than S$14,000 – You are not eligible to purchase EC

Q3Have you bought directly from HDB more than once or taken any grant from HDB?
(A) NO – Proceed to Q4
(B) YES – Bought twice from HDB or Taken grant and bought once from HDB

Q4Do you currently own any private properties?
(A) NO – Proceed to Q5
(B) YES – You are not eligible to purchase EC

Q5If you had previously owned any private properties, did you sell your private properties within the last 30 months?
(A) NO – Proceed to Q6
(B) YES – You are not eligible to purchase EC

You are eligible to purchase an EC only if you have answered (A) to all five questions above. You will not be eligible if you had answered (B) for any of these five questions. Please contact me to confirm your eligibility if you are unable to answer any of these questions. I will be glad to help you confirm your status.